|AUCTION SETS RECORD|
TAX DEED SALE 4-28-15 LMS
Monday’s county tax deed sale saw a standing room only crowd in the County Commissioner’s Brooklyn Annex meeting room and a record breaking amount of money paid for the 11 parcels auctioned.
The April 27 sale was for properties on which the taxes have not been paid since 2010. Prior to the sale and official ‘deed taking’ which was done one year ago by the county, all property owners were notified of the delinquencies by the County Treasurer’s office.
Two bids reached the $6,200 mark in Monday’s auction. One was for a one lot property at Williams Lake and the other was for two adjoining lots in the Salmon River Meadows Annex. The Elk Bend property had a listed market value of $10,087. The market value on the Williams Lake property was $3,360.
The next highest price paid, $4,600, was for two adjoining lots located on Roosevelt Avenue in the Gilmore Addition. They had a market value of $15,304.
A lot in the Gilmore Townsite valued at $2,706 sold for $4,100. The lowest price paid during the auction was $600 for a Salmon River Meadows lot valued at $6,336.
The sum total of the Tax Deed Sale was $31,300 and was the highest of any tax deed sale to date. Minimum bid starting prices were based on the amount of taxes owed on the property.
In sharp contrast to this year’s auction, earlier in the day County Treasurer Mary Ann Heiser asked the County Commissioner’s to officially take the only property on next year’s tax deed list. The property is located in Salmon River Meadows and the property owner is deceased. She will continue her search of any potential heirs.
Properties taken by the county can be redeemed by paying the delinquent taxes due at any time during the one-year time frame that begins with the official taking.
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